Workers Compensation Insurance for the Staffing Industry

Workers Compensation coverage for temporary staffing firms, employment agencies, and PEOs present unique and complex policy issuance and management issues that differ from traditional comp programs. Staffing firms, for example, are in the unique position of serving as an employer providing labor on a contingent basis to the many clients they serve. Key to the success of all staffing companies is the administration and management of the Workers Compensation program for their placed employees.

World Wide’s Workers Compensation Insurance for the Staffing Industry

At World Wide, Workers Compensation is one of the many critical policies we provide. In case of on the job injury or illness Workers Comp will cover:

  • Lost wages due to being unable to work
  • Medical expenses incurred
  • Permanent disability
  • Rehabilitation
  • Death benefits

Workers Compensation provides employees who become injured or ill while on the job with medical coverage and income replacement.

Highlights:

  • Single and multi state policies available
  • Available in all states (excluding monopolistic states: OH, ND, WA, WY)
  • $50K minimum premium (exceptions can be made – call for details)
  • Guaranteed Cost
  • WC Coverage available through numerous carriers
  • Quick Quote Turnaround from Experienced In-house Underwriters
  • Superior Claims Handing
  • Many Segments & Sectors Covered – Including But Not Limited To:
    • Light Industrial & Manufacturing
    • Healthcare
    • Office/Clerical
    • Hospitality
    • Finance/Accounting
    • Attorneys
    • Wholesale
    • Warehouse/Logistics
    • Engineering/Design

Submission Requirements:

  • Workers Compensation ACORD Application
  • Minimum 3 Years in Business
  • Complete WW Supplemental Questionnaire
  • Justification Forms for All Restricted Codes
  • 5 Years’ Currently Valued Loss Runs (If in business for over 5 years)
  • 5 Years’ Premium and Payroll History including Audits where available (If in business for over 5 years)
  • Copy of Current Experience Rating Worksheet
  • Detailed Explanation on all Claims over $25,000
  • Financial Statement Subject to Individual Underwriting Requirements